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27 East 79th Street, #PH (Douglas Elliman) 27 East 79th Street, #PH (Douglas Elliman)
While the roller coaster rental market has been well documented, that is not to say that the sales market has been peaceful. On the contrary, mortgage rates have nearly doubled since December 2021, bringing them to the highest since 2008, scrambling many industry experts’ predictions and scaring prospective buyers in the process. Add in inflation worries, a turbulent stock market, and troubling current events, and it’s little wonder appraiser Jonathan Miller told The New York Times, “Right now, we’re in this cauldron of uncertainty.”
Against this backdrop, a total of 421 sales listings throughout New York City experienced price reductions from July 6-12, 2022. A full, sortable chart may be found below.

In this article:

420 Beekman Hill, 420 East 51st Street
420 Beekman Hill, 420 East 51st Street Beekman/Sutton Place
Apex Condominiums, 2300 Frederick Douglass Boulevard
Apex Condominiums, 2300 Frederick Douglass Boulevard Harlem
138 Lexington Avenue
138 Lexington Avenue Flatiron/Union Square
The Orion, 350 West 42nd Street
The Orion, 350 West 42nd Street Midtown West
1 Fifth Avenue
1 Fifth Avenue Greenwich Village


27-East-79th-Street-01 27 East 79th Street, #PH (Douglas Elliman)
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From the Listing: The Penthouse residence at 27 East 79th Street has been meticulously appointed by Parisian design firm Alberto Pinto. This triplex penthouse has been custom designed and now offers 5 bedrooms, 5.5 baths, and open southern views over the landmarked mansions of the historic Cook Block and view of Central Park, as well as private 860-square-foot roof terrace. Custom mouldings, ceiling cornices, and white oak parquet de Versailles flooring are used throughout the residence's luxe interior. Bathrooms feature a blend of Estremoz, Calacatta Vagli, and Emperador Fonce marble slab and tiling, with polished nickel Kallista Vir Stil fixtures, custom cabinetry and vanities outfitted with parchment and lacquer or Movingui wood. The European kitchen boasts custom-cerused brushed oak cabinetry designed by Pinto, French range by La Cornue, Cremo Delicato marble countertops and backsplashes, and appliances by Miele and Sub Zero. See floor plan and full details here.

111-Central-Park-North-01 111 Central Park North, #PHB (Brown Harris Stevens)
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From the Listing: It is all about the views in this trophy penthouse! Dramatic 5,500+ square-foot triplex boasts 30-foot ceilings in the living room and 22-foot floor-to-ceiling windows with Central Park as your canvas. With over 51 feet of Park frontage, the open loft living room, dining and second living area also features 2 glass balconies and a fireplace, making this the perfect entertaining space! Occupying the 19th and 20th floors, this glamorous PH has an original nautilus-shaped frosted glass central staircase designed by architect Dean Maltz. See floor plan and full details here.

1-Central-Park-South-01 The Plaza, #907 (Douglas Elliman)
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From the Listing: All windows from every room directly face Central Park in this rare and magnificent home, featuring elevated and majestic 12-foot ceilings from this significant floor. This spectacular 3-bedroom, 3-bath residence has been thoughtfully designed by world-renowned interior designer Kerry Joyce, using the finest quality of materials and finishes throughout. Never before offered to the market until now, this exquisite home features a beautiful floor plan, with grand scale picturesque windows showcasing the most breathtaking and protected views of Central Park. The elegant and welcoming entry foyer leads to a spacious and open living/dining great room with extraordinary proportions, perfect for entertaining intimate or large gatherings. See floor plan and full details here.

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955-Fifth-Avenue-01 955 Fifth Avenue, #13B (Compass)
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From the Listing: With an extensive renovation recently completed, this contemporary and pristine 4-bedroom residence is ready to welcome you home. Bathed in sunlight via west & east exposures, the collection of gracious rooms are perfectly inviting. The expansive living room and grand study each feature wood burning fireplaces. With clear eastern views to the Carlyle Hotel, the eat-in kitchen has perfect morning light and the view of the Carlyle from the adjacent dining room is even better at night. Outfitted for a chef, the professional series appliances include Bertazzoni range, Liebherr refigerator, Miele speed oven and dishwasher. There are oak floors throughout and the stylish new bathrooms feature a subtle combination of tile and stone. All plumbing and air conditioning units are new. A storage bin transfers with the apartment. See full details here.

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327-Central-Park-West-01 The Kenmare, #6CD (Douglas Elliman)
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From the Listing: No expense was spared in the design and renovation of this exquisite and sophisticated 4-bedroom apartment located in a beautiful prewar full-service condominium on Central Park West. The great room features a large living room/dining area with a state-of-the-art chef's kitchen with top-of-the-line Sub-Zero and Wolf appliances. There is a full-sized washer/dryer. The entertaining area contains oak chevron floors. The three beautifully designed marble bathrooms feature radiant heated floors. All of the custom millwork in the apartment was created by the most talented craftsmen using the finest of materials. Two private storage bins are included with the apartment. See full details here.

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7-Worth-Street-01 7 Worth Street, #4AB (Compass)
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From the Listing: Bring your architect and redesign this sprawling space to accommodate as many as 5 bedrooms in multiple configurations. This 50' wide full-floor Tribeca artist's loft is nearly 4,500 sf in size and is surrounded by 18 windows with three exposures. The floors are an antique southern yellow pine. There is a large storage room approximately 400 square feet which is located on the basement level that trades with the sale. See floor plan and full details here.

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188-East-78th-Street-01 The Empire, #15A (Compass)
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From the Listing: Welcome home to your new grand residence in the prime Lenox Hill/Upper East Side neighborhood perfectly located at 78th Street on a charming block in between Lexington and Third. This gracious three-bedroom, three and a half-bath home has it all. Entering into the formal gallery, you walk into a large living room and open dining room which is at the corner of the building which offers wonderful open views. The kitchen is spacious and has a south facing Juliet balcony. There are three spacious bedrooms all with private ensuite bathrooms. The primary bedroom is a corner bedroom and offers a windowed ensuite bathroom. This home has been freshly painted and is in move in ready condition. See full details here.

856-Washington-Street-01 856 Washington Street, #PH1 (Compass)
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From the Listing: Penthouse 1 spans the entire twelfth floor and boasts 3,172 square feet of interior space and a full wrap around terrace. Direct, keyed elevator access opens to a private landing creating an elegant first impression and combines a more traditional entryway with the rest of the properties' more lofty semblances and separates the living from the entertaining wing of the apartment. As you enter into the palatial living area, the apartment boasts oversized floor to ceiling windows, 10-foot ceilings, wide plank white oak wood flooring, gas fireplace and all illuminated by open views of the Manhattan skyline, and surrounded by an expansive wraparound terrace. See floor plan and full details here.

138-Lexington-Avenue-01 138 Lexington Avenue, #1 (Brown Harris Stevens)
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From the Listing: While this home has all of the modern conveniences one would expect and more, the owners have maintained the building's prewar charm by refurbishing the beautiful wood floors throughout, carefully maintaining the crown molding and iconic pillars, and showcasing the exposed brick. The main level includes the kitchen, living room, dining area and access to the terrace. A gourmet chef's kitchen features a bright window with natural light coming from Lexington Avenue, Kitchenaid stainless steel appliances, glass front cabinetry and ample counter space. The secluded main level terrace has been updated with all new decking and a Weber gas grill, perfect for entertaining. See floor plan and full details here.

345-Carroll-Street-01 345 Carroll Street, #GF (Brown Harris Stevens)
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From the Listing: This duplex 2,900+ square-foot apartment is a 3-bed, 3.5-bath apartment with all the benefits of a full service building but with the feel and privacy of a townhouse. Designed by Gluck+ Architects, this home boasts oversized windows overlooking your private garden terrace, a lovely gas fireplace with bluestone mantel, a huge lower level with 10+' ceilings and many more creature comforts that make luxury feel like home. Access to the private wraparound garden can be taken from the living room, making it the ideal space to host a party alfresco. With over 1,500 square feet total, the outdoor space allows for plenty of privacy for watching kids play or just relax in the afternoon sun. Additionally, gas lines are available for grilling or heating, and two hose bibs with irrigation. This unit sale includes a deeded storage cage just steps from the lower level entrance. See floor plan and full details here.

20-West-53rd-Street-01 Baccarat Hotel & Residences, #20B (Corcoran)
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From the Listing: Combining interiors by noted designer Stephen Sills and detailing by Tony Ingrao, jewel-like luxury and top-of-the-line modern conveniences fill the 1,203-square-foot aerie. Floor-to-ceiling windows with 11-foot ceilings encompasses the home, underscoring the brilliant light and views, while mahogany-stained wide-plank oak floors ground the residence. The sweeping Great Room provides ample space for quiet relaxation or lively entertaining, all served by the European-quality modern kitchen nearby. See floor plan and full details here.

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306-Gold-Street-01 Oro, #37ABG (Compass)
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From the Listing: The entire unique floor plan offers an incredible, unobstructed, breathtaking spanning View from the very tip of Downtown Manhattan and the East River, to Brooklyn Bridge, Manhattan Bridge, extending through Midtown Manhattan, to the Williamsburg Bridge and Long Island City. Bring your imagination to make this your perfect home! Four years remaining on the tax abatement. See full details here.

330-East-57th-Street-01 330 East 57th Street, #14 (Compass)
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From the Listing: For the discerning buyer seeking modern elegance, and rarefied privacy, welcome to the 14th floor at 330 East 57th St. Step off the elevator directly in to this luxurious high floor 2-bedroom 2.5-bath full floor residence. Turn key ready, it features a high end renovation with quality upgrades and attention to detail throughout. At a spacious 1,891 square feet with gracious proportions and a unique split bedroom configuration, the space flows fluidly with a feel of two well appointed private wings. The flexible layout can easily be converted in to a 3 bedroom plan. See floor plan and full details here.

20-West-64th-Street-01 One Lincoln Plaza, #33NO (R New York)
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From the Listing: Light, space and spectacular, sweeping Manhattan views from Central Park to the George Washington Bridge! See the fireworks and more from every window in this grand 2-bedroom, 2-bath condo plus the bonus of a large home office! The first thing you see when entering this home is the view as you walk into an oversized living room and dining room covered in wide plank wood floors. The open kitchen has a breakfast bar with Italian Pietra Cardosa black stone counters & backsplash, custom cabinets, Subzero refrigerator and Bosch dishwasher. See floor plan and full details here.

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795-Fifth-Avenue-01 The Pierre, #812 (Coldwell Banker Warburg)
From the Listing: Style, service and ultimate luxury come together at Apartment 812 at The Pierre. With hospitality equal to that of a fine hotel stay, this grand two-bedroom, two-bath apartment has all of the amenities of one of the world's most notable hotel. Windows everywhere make you feel very much in the heart of the most elegant neighborhood in town. The master bedroom features an adjoining office, closets galore, and an elegant bath reminiscent of Paris. The large second bedroom easily accommodates 2 beds. The gracious living room, with double exposure, has Central Park views and is perfect for entertaining as well as enjoying time at home alone. Daily housekeeping included in maintenance. See full details here.

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201-East-77th-Street-01 201 East 77th Street, #16AE (Compass)
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From the Listing: There is currently nothing like this on the market today offering 4 bedrooms and 4 baths along with a newly renovated kitchen, a south-facing setback terrace, and brand new solid oak flooring. Upon entering the home you are greeted by a gracious foyer that boasts an enormous walk-in closet. The foyer leads seamlessly into the main living area. The living room is perfect for entertaining and comfortable living with its stunning open city views to the south and access to the terrace providing an oasis from city life and an expansive setting to entertain. The terrace basks in sunlight all day with its open southern exposures and tremendous city views. See full details here.

200-East-57th-Street-01 200 East 57th Street, #20D (Sotheby's International Realty)
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From the Listing: Sun-flooded with open city views, four corners and exposures north, east and south from huge picture windows, this 20th floor three bedroom, four bath has ~2500+ square feet plus a 325-square-foot planted terrace accessed from the living room. There is a corner primary suite with adjacent dressing room and bath, a corner en suite second bedroom with a built-in office and walk-in closet, plus a third bedroom/den and hall bathroom (which can be made en suite to the third bedroom/den). A massive living room, dining room, breakfast room and enormous kitchen with incredible pantry space and many cabinets plus a nearby full bath and separate service entrance are additional complements. Maintenance includes all utilities, basic cable and high speed internet. See floor plan and full details here.

101-West-12th-Street-01 The John Adams, #17K (R New York)
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From the Listing: Enter this sunny high-floor home through a gracious foyer with large entry closet that spills into a phenomenal loftlike enormous Great Room made for entertaining - double deep living room is lined with wall-to-wall windows that allow for exceptional architectural views of the West Village and skylines beyond and a The dining area just off the stainless steel kitchen can accommodate the largest of dinner parties. On the opposite side of the home are the separate office, laundry room, and two private bedroom suites. See floor plan and full details here.

156-East-79th-Street-01 156 East 79th Street, #4A (Brown Harris Stevens)
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From the Listing: Apartment 4A at 156 East 79th Street is a stunning example of an eight room- now six room, two-bedroom prewar home, meticulously constructed with the finest materials and millwork ensuring the most gracious of layouts for luxurious living. You are welcomed into a 15' gallery that leads to magnificent front facing living room with bay window, high ceilings and a woodburning fireplace. The former formal dining room is now a most inviting library- the perfect escape from the city for quiet repose with a built-in hidden television and bar. See floor plan and full details here.

1-Fifth-Avenue-01 1 Fifth Avenue, #2B (Ann Weintraub Ltd.)
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From the Listing: Rare opportunity to acquire a two-bedroom, two full bathroom apartment within this historic, distinguished building and restore it to its former glory. The apartment has a wonderful layout with two large bedrooms which are located on opposite sides of the unit affording maximum privacy. It has a renovated kitchen with an open island for gracious entertaining, as well as a long, formal entrance hall. Apartment 2B, while situated on a low floor, receives wonderful sunshine from huge, oversized windows as evidenced by thriving plants and flowers. See floor plan and full details here.

350-West-42nd-Street-01 The Orion, #10L (Compass)
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From the Listing: This beautiful sun-drenched corner 2-bed / 2-bath at The Orion is located in a prime Midtown Manhattan location. This well-laid out corner unit features city skyline views with southern and western exposures, floor-to-ceiling windows, hardwood floors, and an open kitchen with granite countertops, stainless steel appliances and breakfast bar. The apartment's split floor plan makes it both modern yet functional with the master bedroom and en-suite bathroom separated by the kitchen and living room which provides privacy from the second bedroom. See floor plan and full details here.

353-West-56th-Street-01 The Parc Vendome, #10E (Weichert Properties)
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From the Listing: This elegant, large one-bedroom condo features a working fireplace, private terrace, four large walk-in closets, eat in kitchen and washer/dryer. 10E faces north overlooking the Parc Vendome's meticulously kept 'English Tea Garden.' With high ceilings and beautiful hardwood floors this perfectly proportioned apartment is the height of luxurious living. Welcome to the perfect home. Maintenance includes electric, gas, heat, and hot water. Cable is already in place with special pricing for the building. See floor plan and full details here.

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173-Hicks-Street-01 173 Hicks Street, #6A (Nest Seekers)
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From the Listing: Welcome to this extremely rare and unique duplex apartment on the top floor of a beautiful brownstone elevator building. Located on a gorgeous tree lined street, right in the heart of Brooklyn Heights at the intersection of Hicks Street and Love Lane, this unit features double height ceilings and oversized windows. There is one bedroom and one full bathroom on the main level, and a lofted sleeping area that has another full bathroom with a soaking tub. Light pours into the apartment from the windows and large skylight overhead. Sefull details here.

2300-Frederick-Douglass-Boulevard-01 Apex Condominiums, #12A (Coldwell Banker Warburg)
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From the Listing: Apartment 12A is a large 1 bedroom penthouse with over 800 square feet. This home has a modern open-kitchen with high-end finishes. The spacious corner living/dining room features oversized double-paned windows for a great noise insulation which bring in an abundance of natural sunlight and offers unobstructed northern views of the city skyline. Low monthlies with a tax abatement until June 2027. See floor plan and full details here.

1280-Fifth-Avenue-01 One Museum Mile, #15E (Core Group NYC)
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From the Listing: Beautiful converted one-bedroom, one-bath on the northeast corner of Central Park in a building designed by renowned architect Robert A.M. Stern. This is a great unit for private owners or investors. The living area features a large floor-to-ceiling window with open, expansive views and wide white oak flooring. The kitchen includes teak cabinetry and top-of-the-line appliances like the large double-door Thermador fridge, oven and five-burner stovetop, Miele ventilator and a Bosch dishwasher. There is a Bosch washer and dryer in the unit. The bathroom features marble, limestone, walnut cabinetry, and a Zuma deep soaking tub. See floor plan and full details here.

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200-West-86th-Street-01 The St. Germaine, #17I (Douglas Elliman)
From the Listing: Estate sale - motivated seller! Spacious one-bedroom in a full-service building boasts a great layout. Upon entering, you'll find a dining foyer, which leads to a spacious and large dropped living room with two stairs, 5 closets and wide open views from a high floor. The oversized living room could easily accommodate a dining area as well. Beautiful hard wood floors run throughout. The extra large primary bedroom has a windowed full bathroom. The bright windowed kitchen has been renovated and could hold a cafe table with two chairs. See full details here.

159-West-118th-Street-01 The Morellino, #3B (Coldwell Banker Warburg)
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From the Listing: Welcome home to this open and airy 800-square-foot one-bedroom apartment at The Morellino Condominium. One of the best features in this beautiful space is the open chef's kitchen which is equipped with top of the line stainless steel appliances including a dishwasher, as well as, designer finishes. Additionally, there is a washer/dryer unit tucked into the kitchen closet, 11-foot ceilings, red oak veneer flooring, and oversized windows that let in beautiful afternoon light. The apartment comes with a private storage bin in the basement. See floor plan and full details here.

420-East-51st-Street-01 420 Beekman Hill, #3D (Compass)
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From the Listing: With interest rates on the rise, see incredible value in this two-bedroom, two-bathroom home. This apartment features bright southern exposures with serene views overlooking historic Beekman townhomes. The expansive living room features brand new hardwood floors, crown molding and a separate dining area. The windowed kitchen has an abundance of storage, granite counter tops and stainless steel appliances. The primary bedroom also features oversized closets as well as an en-suite bath. Cable and Wifi are included in the maintenance. See floor plan and full details here.

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649-Second-Avenue-01 649 Second Avenue (Quinton)
From the Listing: Enter this elevator building that is nicely maintained with an inviting lobby that leads to a shared building outdoor space and grill. This second-floor, charming, and quiet one bedroom apartment offers coziness, quiet and privacy with a West facing that opens up to views of trees and the Empire State building from the living room. While virtually staged and with great bones, the new owner may want to do a little TLC. See full details here.

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201-East-15th-Street-01 201 East 15th Street, #3E (Brown Harris Stevens)
From the Listing: Corner 2-bedroom, 2-bath with dining area. 201 East 15th Street cooperative is an elevator building with video/intercom, laundry and separate storage and garage. The unit will be delivered with a rent stabilized occupant. No board approval! See floor plan and full details here.

Would you like to tour any of these properties?
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Would you like to tour any of these properties?